Summary - Terminus Road, Eastbourne, East Sussex, BN21 BN21 3DH
3 bed 5 bath Mixed Use
Refurbished Art Deco mixed-use freehold near station and seafront, producing immediate income.
Current annual income £50,600 from commercial and three flats
A rare mixed-use freehold investment in the heart of Eastbourne town centre, this Art Deco property combines a tenanted commercial unit with three one-bedroom flats, producing a current annual rent of £50,600. The building was recently refurbished and presents in excellent condition, offering immediate income with scope to increase residential rents. The property extends to approximately 3,509 sq ft across multiple stories with high ceilings and large windows to the commercial frontage.
The location is a major strength: within 250 metres of the train station and Beacon shopping centre, and about 50 metres from the seafront and pier attractions — a proven draw for both long-term tenants and seasonal demand. Local amenities are extensive, from cafes and restaurants to retail and leisure, supporting steady footfall for the ground-floor commercial unit. Fast broadband and excellent mobile signal add to lettability for both the commercial and residential units.
Buyers should note material negatives plainly. The surrounding area is classified as very deprived with a very high local crime rate, which may affect tenant demand, insurance costs and capital values relative to more affluent locations. The plot is small and the property sits in a dense urban setting, limiting expansion potential. While recently refurbished, future investors should budget for ongoing management of a multi-tenant building and monitor rent-reset opportunities carefully.
This building suits investors seeking immediate rental income from a central, seafront-adjacent site with visible upside in residential rents. It will particularly appeal to purchasers comfortable operating in higher-yielding, urban contexts where active asset management and tenant-focused improvements can drive returns.
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